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Anarock ties up with global firm HVS, seeks to tap $210 bn hospitality biz

Partnership is expected to boost HVS India's annual turnover by up to 75%

BS Reporter  |  Mumbai 

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consultancy Property Consultants today said it has partnered with HVS, the global hospitality consultancy to tap into the $210 billion in the country.

As a new business vertical under the Group, joint venture firm will focus on brokerage, feasibility studies, operator searches, appraisals, executive search and other consulting and advisory services throughout South Asia.

Anuj Puri, chairman, takes on the added role of chairman-hospitality at Anarock and the firm’s soon-to-be-appointed CEO will report to him. Shobhit Agarwal, MD & CEO, will head the transactions vertical at the JV.

The partnership is expected to boost India’s annual turnover by up to 75 per cent.

First Published: Thu, May 17 2018. 12:43 IST